Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$215,507Cash toward the purchase price.
Closing costs + prepaids$15,234Not just lender fees.
Before credits & paid funds$230,741The complete starting cash picture.
Estimated remaining funds due at closing
$230,741No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$215,506.53
Your down payment$215,506.53
Closing costs + prepaids$15,234.35
Total buyer cash needed$230,740.88
Remaining funds due$230,740.88
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,890.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,722.50
Prepaid interest, first (2 days)$146.85
Fees + prepaids$15,234.35
Your down payment is the seller’s equity. You take over the $473,493 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $230,740.88 is due at closing. Uses and sources reconcile at $704,234.35 each. Not a Closing Disclosure.